This week’s multifamily roundup provides insights on the top housing trends to watch this year, the impact of labor shortages on apartment development, and economic growth prospects in 2019 and beyond. First, MultifamilyBiz discusses the five trends set to impact the industry, including smart technology and 5G wireless capabilities. Next, Real Capital Analytics reports that the apartment sector had the strongest price growth of all property types at the end of 2018, but at a slower pace than at the start of the year. Arbor’s Chatter blog analyzes the most expensive markets for renting in the U.S., noting that many of the priciest cities are in California. Then, NREI examines how a shortage of construction workers is delaying multifamily development, at a time when the industry is in need of new supply. Finally, Fannie Mae reports that economic growth is expected to slow to 2.2% in 2019, according to its latest Economic and Housing Outlook.

“Today’s communities are filled with smart home technology, hotel-like interiors, in-building retailers, and – believe it or not – there are even more exciting developments to note as we head into 2019.”